Leasing activity was robust with take-up of 11,400 ping in Q1, driving down the citywide vacancy rate 1.7 percentage points q-o-q to 8%. Meanwhile, Taipei’s Grade A office rent held firm from the previous quarter, averaging NT$2,480 per ping per month in Q1.

Leasing activity was robust with take-up of 11,400 ping in Q1, driving down the citywide vacancy rate 1.7 percentage points q-o-q to 8%. Meanwhile, Taipei’s Grade A office rent held firm from the previous quarter, averaging NT$2,480 per ping per month in Q1.